U.S. Feed Mycotoxin Binders Market share to cross USD 40 million by 2024
Category: #business  By Partha Ray  Date: 2019-09-09
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U.S. Feed Mycotoxin Binders Market share to cross USD 40 million by 2024

Global Market Insights, Inc. has recently added a report on Feed Mycotoxin Binders Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Increasing meat products consumption with consumer preferences towards healthy and safe food should drive feed mycotoxin binders market. Increasing incidences of diseases in livestock including bird and swine flu caused by contaminated ingredients and unfavorable living environment should boost industry growth.

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Increasing protein rich meat sources demand including swine, ruminants and poultry along with rising animal health awareness should drive feed mycotoxin binders market demand. They prevent contamination in animal diet and reduce toxic effects in animals is likely to propel product demand. Strict governmental norms by health & safety agencies towards standardizing meat products to protect consumer from swine & bird flu disease outbreaks should drive feed mycotoxin binders market.

Bentonite mycotoxin binders market is poised to surpass USD 120 million by the end of 2024 due to its improved pellet quality, feed efficiency, flowability, and production rate. Properties such as irreversibility, high adsorption capacity, specificity and safety provided upon consumption of these products should promulgate feed mycotoxin binders market demand.

Zeolite mycotoxin binders market may witness strong gains at over 6.5% during forecast timeframe owing to non-toxicity, organic characteristics, and its natural occurrence along with ability to decrease odors from spoiled grains in enclosed animal facilities. Also, reduces chances of livestock suffering from acidosis, scours, enteritis, and diarrhea.

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Feed mycotoxin binders market from poultry applications may witness significant gains at over 8.5% over the forecast timeline owing to increasing meat consumption rates and drive for healthy and safe feed. Increasing bird flu disease in poultry industry caused by toxic food substances may influence industry growth.

Feed mycotoxin binders market from swine applications may exceed USD 85 million by 2024. Impurity in swine generally affects liver, kidneys, gut and immunity in animals, which results reduction of overall performance, and mitigate metabolism & reproduction. Growing meat consumption demand owing to protein intake may create opportunities for industry growth.

Asia Pacific led by India, Japan, South Korea, and China feed mycotoxin binders market is poised to surpass USD 45 million by 2024. Strong R&D spending, change in farming techniques and practices and increasing food security should drive regional industry growth. Rapid urbanization and industrialization along with change in consumer food habits towards quality meat products will stimulate industry growth in the region.

Europe driven by UK, France, and Germany feed mycotoxin binders market may witness significant gains at over 7% up to 2024. Increasing meat & poultry demands from booming food & beverage sector including processed foods, fast food joints and restaurants should drive the regional growth.

Global feed mycotoxin binders market share is moderately concentrated with prominent players including BASF SE, Kemin, Bayer, Alltech, Novus International, Anfotel Nutrition, Virbac Group, Selko, and Bentoli.

Partial Report Content:

Chapter 4.   Feed Mycotoxin Binders Market, By Product

4.1. Global feed mycotoxin binders market share by product, 2016 & 2024

4.2. Bentonite

4.2.1. Market estimates and forecast, 2013-2024

4.2.2. Market estimates and forecast, by region, 2013–2024

4.3. HSCAS

4.3.1. Market estimates and forecast, 2013-2024

4.3.2. Market estimates and forecast, by region, 2013–2024

4.4. Zeolites

4.4.1. Market estimates and forecast, 2013-2024

4.4.2. Market estimates and forecast, by region, 2013–2024

4.5. Polysaccharides     

4.5.1. Market estimates and forecast, 2013-2024

4.5.2. Market estimates and forecast, by region, 2013–2024

4.6. Others

4.6.1. Market estimates and forecast, 2013-2024

4.6.2. Market estimates and forecast, by region, 2013–2024

Chapter 5.   Feed Mycotoxin Binders Market, By Livestock

5.1. Global feed mycotoxin binders market share by livestock, 2016 & 2024

5.2. Poultry

5.2.1. Market estimates and forecast, 2013-2024

5.2.2. Market estimates and forecast, by region, 2013-2024

5.3. Swine

5.3.1. Market estimates and forecast, 2013-2024

5.3.2. Market estimates and forecast, by region, 2013-2024

5.4. Ruminant

5.4.1. Market estimates and forecast, 2013-2024

5.4.2. Market estimates and forecast, by region, 2013-2024

5.5. Aquaculture 

5.5.1. Market estimates and forecast, 2013-2024

5.5.2. Market estimates and forecast, by region, 2013-2024

5.6. Equine

5.6.1. Market estimates and forecast, 2013-2024

5.6.2. Market estimates and forecast, by region, 2013-2024

5.7. Others

5.7.1. Market estimates and forecast, 2013-2024

5.7.2. Market estimates and forecast, by region, 2013-2024

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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